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Updated almost 3 years ago on . Most recent reply

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Short-Term & Vacation Rental Discussions

Do apartments and new construction impact STR viability?

Vid Sista
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I'm looking at my first STR in an area that is growing, with a LOT of new construction and new apartment buildings. Does this type of rapid growth in housing options have any negative impact on STRs?

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Depends on your specific market, but it could. 

I only buy in vacation destination areas and don't have any apartments anywhere near me.

  • John Underwood
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